The global Advanced Ceramics Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.6% during the review period (2022 to 2027)
Advanced ceramics are also known as high-tech ceramics, technical ceramics, high-performance ceramics, and engineered ceramics. Hydraulic pressing, injection moulding, isostatic pressing, tape casting, and pressure casting are some of the technologies used to improve the quality of ceramics. Ceramics have a wide range of properties, including heat, wear, temperature, and corrosion resistance, as well as food compatibility and biocompatibility. Based on the product type, these ceramics are divided into monolithic ceramics, ceramic matrix composites, and ceramic coatings. The majority of ceramics are monolithic, meaning they are made up of only one chemical composition. During the study period, the market will be boosted by expanding ceramics consumption in the medical industry, as well as increased product usage as a replacement for metals and plastics in the automotive industry.rising popularity of 3D printing is propelling the need for advanced ceramics for making parts and components for high-performance applications.Advanced ceramics are extensively being used in EVs, which is further expected to propel market growth.piezo-ceramic components act like sensors for electronic controls passing information on the engine’s operations. The information is received by electronic components based on ceramic substrates, which control motor management and safety systems like ABS, ASR, and airbag release. Thus, the rising production of EVs is anticipated to boost market growth over the coming years.
Industry News and Updates
19.11.2020: CeramTec Expands its Piezoceramic “Centre of Excellence”--
CeramTec, a world leader in the design and manufacture of complex electronic ceramic components, is expanding its existing production capabilities to meet the rising demand for high-quality piezoelectric elements and materials.
June 2021, Starfire Systems Inc. announced the release of Hafnium Carbide (HfC), a new addition to the family of silicon carbide (SiC) forming pre-ceramic polymers. HfC finds application in making ceramic matrix composite (CMC) and high purity powder, which are used in automotive applications for hypersonic and re-entry vehicles.
12 January 2021: Kyocera to construct new R&D Center in Kirishima City, Kagoshima, Japan--
Kyocera has announced it will begin construction of a new research and development center in January 2021 at its Kokubu campus in Kirishima City, Kagoshima, Japan. Kyocera has executed a location agreement with the mayor of Kirishima City for the new R&D center, which will focus on new innovations in the fields of information and communications, environmental preservation, and smart energy.
Advanced Ceramics Market is segmented based on the type, applications, companies and regions.
By Type, Advanced Ceramics Market has been segmented into
By Material, Advanced Ceramics Market has been segmented into
By Application, Advanced Ceramics Market has been segmented into
Alumina ceramics have a wide range of qualities, including extreme hardness, high density, wear resistance, thermal conductivity, high stiffness, chemical resistance, and compressive strength, making them appropriate for a wide range of applications, including nozzles, circuits, piston engines, and others. Among other oxides, it has up to twenty times the heat conductivity. Alumina of high purity can be used in both oxidising and reducing environments.
Advanced ceramics are utilised in the production of a wide range of electronic components, including capacitors, insulators, integrated circuit packages, piezoelectric components, and others. Ceramic components are used in a wide range of products, including cellphones, laptops, televisions, and automotive electronics. These ceramic components have excellent insulation, piezoelectric and dielectric properties, and superconductivity, all of which make them popular in the electronics sector.
The report offers in-depth assessment of the growth and other aspects of the Advanced Ceramics Market in important regions, including the
North America
In 2020, the Asia Pacific market was worth USD 30,782.96 million. The growth can be ascribed to rising product demand in the medical business. Furthermore, the market will be propelled forward by rapid technological advancement and increased research and development efforts. Because of the expanding use of titanate in the automotive industry, China has the largest market share in this region. North America is the global market's second-largest region. The increase is attributable to increased demand for the product in the production of electrical and electronic gadgets. The strong demand for ceramics over metals and other plastic items in this region will drive market expansion.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 6.6% over the forecast period (2022-2027) |
By Type |
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By Material |
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By Application |
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By Companies | Coorstek, 3M, Kyocera Corporation, Ceramtec, NGK Spark, Morgan Advanced Materials, ERIKS, TOTO, Rauschert Steinbach, H.C. Starck, Sinoma, Schunk, Mcdanel Advanced Ceramic, Surpo, Bakony Technical Ceramics Ltd, HUAMEI Ceramics, Doceram, YIFEI Technology |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 120 |
Customization Available | Yes, the report can be customized as per your needs |
What is the growth rate of Advanced Ceramics Market?
The Advanced Ceramics Market is growing at a CAGR of 6.6% over the next 5 years.
Who are the key players in Advanced Ceramics Market?
Coorstek, 3M, Kyocera Corporation, Ceramtec, NGK Spark, Morgan Advanced Materials, ERIKS, TOTO, Rauschert Steinbach, H.C. Starck, Sinoma, Schunk, Mcdanel Advanced Ceramic, Surpo, Bakony Technical Ceramics Ltd, HUAMEI Ceramics, Doceram, YIFEI Technology
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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